Davis Select U.S. Equity ETF $DUSA is Lunt Capital Management Inc.’s 9th Largest Position

Lunt Capital Management Inc. cut its holdings in Davis Select U.S. Equity ETF (BATS:DUSA) by 4.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 159,615 shares of the company’s stock after selling 6,700 shares during the period. Davis Select U.S. Equity ETF makes up about 2.8% of Lunt Capital Management Inc.’s portfolio, making the stock its 9th biggest holding. Lunt Capital Management Inc.’s holdings in Davis Select U.S. Equity ETF were worth $7,387,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co purchased a new position in Davis Select U.S. Equity ETF in the first quarter worth about $33,000. Janney Montgomery Scott LLC bought a new stake in shares of Davis Select U.S. Equity ETF in the 1st quarter valued at approximately $227,000. Blume Capital Management Inc. lifted its stake in shares of Davis Select U.S. Equity ETF by 23,400.0% in the 1st quarter. Blume Capital Management Inc. now owns 5,875 shares of the company’s stock valued at $249,000 after purchasing an additional 5,850 shares during the last quarter. DAVENPORT & Co LLC purchased a new position in shares of Davis Select U.S. Equity ETF in the 2nd quarter worth approximately $254,000. Finally, Truist Financial Corp increased its position in shares of Davis Select U.S. Equity ETF by 12.6% during the 2nd quarter. Truist Financial Corp now owns 7,567 shares of the company’s stock valued at $350,000 after purchasing an additional 849 shares during the last quarter.

Davis Select U.S. Equity ETF Stock Performance

BATS:DUSA opened at $47.74 on Wednesday. The firm has a market capitalization of $754.28 million, a PE ratio of 17.61 and a beta of 0.97. The stock’s fifty day moving average is $47.69 and its 200 day moving average is $45.14. Davis Select U.S. Equity ETF has a fifty-two week low of $36.83 and a fifty-two week high of $47.32.

Davis Select U.S. Equity ETF Profile

The Davis Select U.S. Equity ETF (DUSA) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of US large-cap stocks. The fund seeks long-term capital growth and capital preservation. DUSA was launched on Jan 11, 2017 and is managed by Davis.